US$7.4 million is stolen from the Brink's Armored Car Depot in Rochester, New York in the 5th largest robbery in U.S. history. Four men, Samuel Millar, Father Patrick Moloney, former Rochester Police officer Thomas O'Connor, and Charles McCormick, all of whom have ties to the Provisional Irish Republican Army, are accused.

IBM announces a $4.97 billion loss for 1992, the largest single-year corporate loss in United States history to date.

Iraq disarmament crisis: Iraq refuses to allow UNSCOM inspectors to use its own aircraft to fly into Iraq, and begins military operations in the demilitarized zone between Iraq and Kuwait, and the northern Iraqi no-fly zones. U.S. forces fire approximately 40 Tomahawk cruise missiles at Baghdad factories linked to Iraq's illegal nuclear weapons program. Iraq then informs UNSCOM that it will be able to resume its flights.

February 8 – General Motors sues NBC, after Dateline NBC allegedly rigged two crashes showing that some GM pickups can easily catch fire if hit in certain places. NBC settles the lawsuit the following day.

February 17 – A ferry sinks in Haiti, killing approximately 1,215 out of 1,500 passengers.

February 21 – Star Fox (series) is released, marking the first 3D Polygonal Star Fox title for the Super Famicom/Super Nintendo Entertainment System smash hit game developed by Nintendo with programming assistance by Argonaut Software (currently Argonaut Games).

March 8 – The Moon moves into its nearest point to Earth, called perigee, at the same time as its fullest phase of the Lunar Cycle. The Moon appears to be 14% bigger and 30% brighter than the year's other full moons. The next time these two events coincided was in 2008.[2]

April

April – The Kuwaiti government claims to uncover an Iraqi assassination plot against former U.S. President George Bush shortly after his visit to Kuwait. Two Iraqi nationals confess to driving a car-bomb into Kuwait on behalf of the Iraqi Intelligence Service.[3]

July 16–17 – In Estonia, the majority Russian cities of Narva and Sillamäe organize referendums on "territorial autonomy" to protest new citizenship laws. The referendums are later declared null and void by the Supreme Court.

September 15 – Giuseppe 'Pino' Puglisi, an Italian priest in the Palermo neighborhood of Brancaccio, is assassinated in front of his church on his 56th birthday in retaliation for his anti-Mafia activism. One of the hitmen later confessed that Fr. Puglisi's last words as his killers approached were: "I've been expecting you."

An Avioimpex Yakovlev Yak-42D crashes into Mount Trojani near Ohrid, Macedonia. The aircraft was on a flight from Geneva, Switzerland to Skopje, but had been diverted to Ohrid due to poor weather conditions at the Skopje airport. All 8 crew members and 115 of the 116 passengers are killed.

December 29 – Argentina passes a measure allowing President Carlos Menem and all future presidents to run for a second term. It also shortens presidential terms to 4 years and removes the requirement for the president to be Roman Catholic.

^"TRC Reports on St James Church Massacre". South African History Online. Truth and Reconciliation Commission. Retrieved 31 January 2015. A terrorist attack on St. James Church in Cape Town, South Africa left 11 people dead and 58 wounded.